NZ Solar Energy Buy-back Rates

Solar power is a wonderful way to capture the energy from Aotearoa’s beautiful sun, and convert it into electricity. Solar panels can be installed on your home’s rooftop and used to generate eco-friendly electricity that can save you a lot of money on your monthly power bill. Thanks to our abundance of sunshine, solar panels can often generate more electricity than your household needs. Many power providers will purchase this excess energy and pay you back in a rate per kWh. Be sure to compare the best solar buy-back rates in New Zealand so that you can get yourself the best deal.
Shine on, no matter the weather, boost your property’s value, and save money on your power bill by investing in solar panels and choosing solar power.
Retailer | Buy-Back Rate | |
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Electric Kiwi | 8c/kWh on most available plans with 12.5c/kWh on the Movemaster Plan |
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Megatel | 7.4c/kWh |
Genesis Energy | Genesis Energy | 12c/kWh |
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Contact Energy | 8c/kWh. Maximum size capacity of 10kW. |
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Nova Energy | 10c/kWh |
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Pulse Energy | The buy-back rate varies by location. |
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Ecotricity | 12c/kWh - 16c/kWh, the rate varies and is dependant on if you have a battery installed at home. |
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Powershop | 13c per kWh on a flexi term, there’s no buy-back cap and no leaving fees. Plus you can $150 free credit* over the first 12 months with us. *T&C and eligibility criteria apply. |
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Blackbox Power | The buy-back rate varies by location. |
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Frank Energy | 11c/kWh. Your system size should be 50kw or less. Please note, Frank Energy is currently not set up for GST registered customers. |
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Flick Electric | 13.2c/kWh (indicative). The buy-back rate varies according to the wholesale electricity price. The indicative buy-back rate shown is based on a 12-month national price forecast applied to a typical solar profile. Please contact Flick for more details. |
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Meridian Energy |
17c/kWh on a 5year contract or 12c/kWh on all other plans. |
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Mercury Energy |
8.5c/kWh |
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Octopus Energy |
OctopusFlexi: 17c buy-back rate (New customers) OctopusPeaker Battery Plan Peak export: 23c Off-peak export: 10c Night export: 5c |
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Toast Electric | 10c/kWh in Wellingston, Hutt Valley, Porirua, Kapiti & Horowhenua. |
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Nau Mai Ra | No solar buy-back rate available. |
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Globug | No solar buy-back rate available. |
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Tensor | No solar buy-back rate available. |
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Orcon | No solar buy-back rate available. |
NB: This information has been sourced directly from the providers website. Updated November 2024.